Tadawul trading screen
The Saudi Exchange (Tadawul) witnessed two negotiated deals today, Jan. 25, on Saudi Basic Industries Corp. (SABIC) and Dar Al Arkan Real Estate Development Co. at a total value of SAR 603.73 million.
Dar Al Arkan deal represented about 2.4% of the company’s 1.080 billion share capital.
|
Details |
||||
|
Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
|
Dar Al Arkan |
11.92 |
11.88 |
25,507,668 |
303.03 |
|
SABIC |
97.10 |
97.00 |
3,100,000 |
300.70 |
A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated deal shall be conducted under the controls of Tadawul and Capital Market relevant laws and regulations.
The negotiated deal does not impact directly on last deal price, highest/lowest stock price, opening/closing price, or market/sectors indices.
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